| SPXS latest price $22.5500 (4.35%) ($22.1100 - $23.5500) on Thu. Dec. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 71 |
Latest Price | $22.5500(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) SHY(7%) TBT(7%) VIXM(6%) VXX(1%) EDOC(-1%) |
Factors Impacting SPXS price | SPXS will decline at least -2.395% in a week (0% probabilities). IVW(-98%) IVE(-96%) IWF(-95%) QQQ(-91%) DIA(-90%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.395% (StdDev 4.79%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.7% |
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